Mariner LLC Raises Stake in Graham Holdings (NYSE:GHC)

Mariner LLC boosted its holdings in Graham Holdings (NYSE:GHC) by 47.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 773 shares of the company’s stock after buying an additional 249 shares during the period. Mariner LLC’s holdings in Graham were worth $674,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GHC. Barclays PLC raised its stake in shares of Graham by 32.4% in the 3rd quarter. Barclays PLC now owns 13,601 shares of the company’s stock valued at $11,176,000 after acquiring an additional 3,327 shares during the period. Franklin Resources Inc. raised its position in Graham by 8.6% in the third quarter. Franklin Resources Inc. now owns 10,311 shares of the company’s stock valued at $8,344,000 after purchasing an additional 819 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Graham by 10.1% during the third quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company’s stock worth $17,361,000 after purchasing an additional 1,941 shares in the last quarter. Miracle Mile Advisors LLC purchased a new stake in shares of Graham in the fourth quarter worth about $437,000. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of Graham in the fourth quarter valued at about $514,000. 93.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Graham from a “strong-buy” rating to a “buy” rating in a report on Wednesday, April 23rd.

Graham Price Performance

Shares of GHC stock opened at $926.57 on Wednesday. Graham Holdings has a twelve month low of $683.00 and a twelve month high of $1,003.53. The company has a market capitalization of $4.02 billion, a PE ratio of 18.14 and a beta of 0.92. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. The firm has a fifty day simple moving average of $934.38 and a 200-day simple moving average of $911.03.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be given a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Thursday, April 17th. Graham’s payout ratio is 4.37%.

Graham Company Profile

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.